• Download the Constitution of Pakistan
  • Advertise
Saturday, December 13, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Business

Price of onions, tomatoes hits historic high as floods disrupt supplies

by News Publishing
August 31, 2022
in Business, Finance
Reading Time: 1 min read
0
Price of onions, tomatoes hits historic high as floods disrupt supplies
Share on FacebookShare on TwitterLinkedinWhatsapp

Recent continuous floods and rains disrupted supplies and destroyed crops, leading to a shortage in the markets and raising the cost for onions, tomatoes, and other vegetables to a historic level.

According to reports, tomatoes are being sold for more than Rs400 a kg while the price of a kilogram of onions has jumped to Rs400, impacting the average person’s household budget.

In addition to the likely increase in utensil prices, Pakistan’s exports are also set to decrease as 60% of its cotton harvests were destroyed by floods and unusually heavy monsoon rains.

To maintain market price stability, the federal government has permitted the import of onions and tomatoes from growers in Iran and Afghanistan that are close by.

At a meeting presided over by Commerce Minister Naveed Qamar, the Ministry of Commerce made the announcement. The minister also examined the country’s supply of tomatoes and onions.

The participants of the meeting said that the country would face a shortage of onions and tomatoes in the next three months, adding: “Current flooding has damaged crops and a shortage and hike in prices is expected.”

On the other hand, a proposal is reportedly also under consideration to allow the import of onions and tomatoes from India.

Tags: floods disrupt supplieshousehold budgetlatestonionstomatoes

News Publishing

Related Posts

Crude Oil from America

Oil Prices Steady Ahead of Fed Rate Decision and Ukraine Talks

by Anum Arif
December 10, 2025
0

Oil prices remained steady on Wednesday after sliding nearly 1% in the previous session, as global markets closely tracked the...

Nestle

Nestlé Pakistan Upgrades Facilities

by Anum Arif
December 8, 2025
0

Nestlé Pakistan, a subsidiary of Swiss giant Nestlé SA, has elevated its manufacturing operations in Sheikhupura and Khanewal to meet...

Nishat Mills

Nishat Mills Announces Major Expansion Plans

by Anum Arif
November 27, 2025
0

Nishat Mills Limited (NML), the flagship company of the Nishat Group, has announced a wide-ranging expansion strategy covering renewable energy,...

Matco Foods

Matco Foods Shifts Spice Division to Subsidiary

by Anum Arif
November 17, 2025
0

Matco Foods Limited, one of Pakistan’s leading rice exporters and a major player in the food processing sector, has taken...

Gillette

Gillette Pakistan Applies for PSX Delisting

by Anum Arif
November 13, 2025
0

Gillette Pakistan Limited has applied to the Pakistan Stock Exchange (PSX) for delisting, following Procter & Gamble’s (P&G) decision to...

Crescent Fibres

Crescent Fibres Halts Nooriabad Unit Amid Market Slump

by Anum Arif
November 12, 2025
0

Crescent Fibres Limited (CFL) has announced a temporary suspension of operations at its spinning unit in Nooriabad, Sindh, due to...

Next Post
Gaming Sector can generate annual revenue of up to $400m

Gaming Sector can generate annual revenue of up to $400m

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters